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Frank26 says --  The budget is official and the budget is with the 1 to 1 rate... I_icon_minitimeMon Jan 08, 2024 4:48 pm by Ponee

Frank26 says -- The budget is official and the budget is with the 1 to 1 rate...

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Post by Ponee Sun Apr 25, 2021 8:54 pm

Frank26  


The CBI and the GOI...Mustafa and Prime Minister Kazemi are going to start a massive campaign of advertisement about the monetary reform in country to the citizens because the massive campaign of the monetary reform has already been done outside of Iraq...all of a sudden you have hundreds maybe even thousands of companies pouring into Iraq.  Why?  Because they know they'll be protected under Article VIII. Three years ago no body came in.  They weren't protected under Article VIII - lifting the value of their currency.  But now they're all pouring in.  What's the difference?  Why are they pouring in this time around?


 The budget is official and the budget is with the 1 to 1 rate...it already exists with a rate of 1 to 1...they're all waiting for the rate...the accounting in the budget is already in the budget and retro back to the first of the year - that's called a rider...it's in there as a mechanism to take the exchange rate of the budget and bring it back to the beginning of the year to cover the whole year for that budget.  If there was not a rider like the article say that there is, then they would never have any plans of bringing in a new exchange rate retroactive back to the first...



 IMO the budget that...is now going to receive an official exchange rate from a sovereign country that...will be shown to be under Article VIII...you can see very clearly that the action of many countries, many companies...they're casting a shadow of the monetary reform.  They're not going to come out and tell you, 'Hey guess what?  They told us they're going to raise the value of their currency.' Because they can't.  It's illegal to do that...a good forensic detective can walk into a room and tell you basically what's happened in the last 24 hours in that room by interpreting the signs, the clues, the patterns...the monetary reform itself is naked.  It's visible...



The CBI is about to go on a massive advertising campaign about the monetary reform...inside Iraq... television commercials, newspaper ads, billboards...there's going to be CBI workshops.  The CBI will rent out big auditoriums, gymnasiums...they'll set up table, 'We'll like to explain to you what's going on.'
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